23 Aug 2013
LEVIN AND MADSEN-RIES (AS LIQUIDATORS OF PERSONAL HOMES LIMITED) V LAWRENCE AND McCULLAGH (AS LIQUIDATORS OF WATERMAN BUILDING SUPPLIES LIMITED) CA430/2012, [2013] NZCA 394 .
- Citation
- (2013) 11 NZCLC 98
- Court
- Court of Appeal
Appeal dismissed because appellants failed to demonstrate 'good reason' under s 256(1)(a)(ii); absent persuasive concrete grounds, mere suspicion, distrust of liquidators or a fishing expedition does not justify court-ordered inspection of company records; the High Court's application of the discretionary 'good reason' test was correct.